We show that the FX impact of monetary policy has been growing significantly. We use a high-frequency event study of the joint response of fixed income instruments and exchange rates to monetary policy news from seven major central banks spanning 2004-2015. News affecting short maturity bonds...

On November 12, 2014, the Swiss government notified the International Labour Organization (ILO) of its ratification of Convention 189 on Decent Work for Domestic Workers. In joining, Switzerland proclaimed that its laws were in conformity with Convention No. 189. Ratification, it was argued,...

There intimate connections between the 2007-9 financial crisis, ineffective regulation and the scandals that preceded that calamity, have led to rising demands for the re-evaluation and smarter coordination of the financial sector's governance, supervision and enforcement mechanisms with a view...

France remains the big country in the euro zone with huge crisis. The Grande Nation would gladly continue to provide its supremacy in Europe. But this role is at risk for some time. The Japanese Nikkei has risen in the past two years for about 70%. But this rally after two lost decades for...

In light of the strong increase of house prices in Switzerland, we analyze the effects of mortgage rate shocks, changes in the interplay between housing demand and supply and GDP growth on house prices for the time period 1981-2014. We employ Bayesian time-varying coefficients vector...

This study investigates how being exposed to a field of study influences students' major choices. We exploit a natural experiment at a Swiss university where all first-year students face largely the same curriculum before they choose a major. An important component of the first-year curriculum...

This study investigates how being exposed to a field of study influences students' major choices. We exploit a natural experiment at a Swiss university where all first-year students face largely the same curriculum before they choose a major. An important component of the first-year curriculum...

While the knowledge on immigrants' integration consolidated through the last 50 years, the Roma studies and the research on the Roma inclusion seems at the beginning. The purpose of this research was to assess if and to what extent the Swiss experience in immigrants' integration may inspire an...

The global financial crisis of 2008-9 placed the ‘too-big-to-fail' issue at the forefront of public and regulatory debate. This paper presents a comparative study of regulatory measures taken to address this issue in Switzerland and Australia. Australia's banking system was distinguished from...

This paper documents nominal stability in Switzerland from 1805 to 2013 using a data set on annual price, wage and nominal GDP changes. The trends of these indicators are estimated by an unobserved-components stochastic-volatility model in order to control for short-term fluctuations and...